MARKET CLOSE: NZ shares fall, led lower by Comvita, A2 Milk, SkyCity

Wed, 26 Oct 2016

By Sophie Boot Oct. 26 (BusinessDesk) - New Zealand shares fell, following the Australian market lower as Comvita suffered from weaker sales, while A2 Milk Co and SkyCity Entertainment Group dropped. The S&P/NZX 50 Index fell 106.67 points, or 1.5 percent, to 6,896.2. Within the index, 41 stocks fell, five rose and four were unchanged. Turnover was $124 million. "The index is being dominated by the inflation data out of Australia today which was a bit stronger than expectations," said Craig Stent, a director at Harbour Asset Management...

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